Digital49ers
 
vires in numeris
Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license. Click here for a concise explanation of how it works or here for a detailed technical description.
Keep Calm and Slave On
BTC miner Canaan records $80 million Q3 loss
01 Dec 2023 20:00

Canaan cited a dip in the price of BTC and a slowdown in the ASIC rig sales for ...

California wants to get residents trained on generative AI
01 Dec 2023 18:00

Digital Nigeria 2023 highlights: Nigeria’s effort to leapfrog into the modern world
01 Dec 2023 16:00

US Treasury Deputy says department seeks more authority to fight digital asset crime
01 Dec 2023 14:00

Jack Dorsey Backed Bitcoin Mining Pool Ocean Acknowledges Filtering Ordinal Inscriptions
01 Dec 2023 23:00 Ocean, a Bitcoin mining pool that recently raised $6.2 million in a seed funding ...

Crypto Mixer Sinbad Sanctioned by OFAC Over Alleged Ties to North Korean Hackers
01 Dec 2023 21:00 The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on yet another ...

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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible. With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto